https://www.taxtmi.com/caselaws?id=25106 The High Court held that the assessee, a public company, is entitled to claim the entire sum of Rs. 2,59,451 as a deduction for the initial contribution to an approved superannuation fund for the assessment year 1976-77. The Court ruled in favor of the assessee, disregarding the conflicting conditions in Notification No. SO 3433 dated October 21, 1965, which limited the deductible amount and spread it over five years, as these conditions exceeded the Board's power and conflicted with the Income-tax Act provisions. en-us Fri, 22 Apr 1988 00:00:00 +0530 Mon, 25 Jan 2010 13:34:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25106 The High Court held that the assessee, a public company, is entitled to claim the entire sum of Rs. 2,59,451 as a deduction for the initial contribution to an approved superannuation fund for the assessment year 1976-77. The Court ruled in favor of the assessee, disregarding the conflicting conditions in Notification No. SO 3433 dated October 21, 1965, which limited the deductible amount and spread it over five years, as these conditions exceeded the Board's power and conflicted with the Income-tax Act provisions. Case-Laws Income Tax Fri, 22 Apr 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25106